Question 1

How many months of bank statements do I need?

Accepted Answer

Most lenders require 12 or 24 months. Longer history usually produces a stronger income calculation.

Question 2

Can I use a business bank account?

Accepted Answer

Yes. Many lenders accept business deposits. They'll apply an expense ratio to estimate your net income from those deposits.

Question 3

Do bank statement loans have higher rates?

Accepted Answer

Yes — rates run higher than conventional loans. Rates vary by borrower profile and market conditions.

Question 4

How long do I need to be self-employed?

Accepted Answer

Most lenders want at least two years of self-employment history. Some may accept one year with strong compensating factors.

Question 5

What credit score do I need in Dublin?

Accepted Answer

Requirements vary by lender and loan size. Generally, a stronger score gets you better pricing on non-QM products.

Question 6

Can I buy in Dublin with a bank statement loan?

Accepted Answer

Absolutely. Non-QM loans have no geographic restriction. Dublin properties qualify like any other Alameda County purchase.

Bank Statement Loans for Dublin's Self-Employed Borrowers